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Registered No litigation declared Residential / Group Housing project

SHIKARA ESTATES PHASE - II

RG-MH-33285 · RERA P52000080638 · Last updated on MahaRERA portal: 22 May 2026

Source: official MahaRERA filing

Buyer report · Rs 499 Download 63 documents (free)

At a glance

Project

  • NameSHIKARA ESTATES PHASE - II
  • TypeResidential / Group Housing
  • Location
    • PANVEL MATHERAN ROAD
    • CHIPALE VILLAGE
    • Chipale
    • Panvel
    • Raigarh
    • 410206
  • Pincode410206
  • MapView location on Google Maps (as filed on RERA)
  • RERA no.P52000080638
  • ReraGenie IDRG-MH-33285

Builder

  • NameShikara Constructions Pvt. Ltd.
  • Entity typeCompany
  • GSTIN27AAKCS3917P1ZN
  • Track record1 past project →

Key dates

Registered
23 Jun 2025
Promised
31 Dec 2028

Key facts

Registration and timeline

  • StatusRegistered
  • Registered on23 Jun 2025
  • Promised completion31 Dec 2028
  • Revised completionNone
  • Buildings7 building records
  • Documents filed63 files

Buildings and wings, as sanctioned

BuildingWingFloors sanctionedHabitable floorsResidential unitsOther unitsTotal
WING ANA50000
WING BNA50000
WING CNA50000
WING DNA50000
WING ENA50000
WING FNA50000
WING GNA50000

More on this project

These details are filed with MahaRERA and packaged in the Rs 499 buyer report. Create a free account to preview, or read the full report for the verdict.

Promoter contact and registered address

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Landowner and land title details

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Project finance and encumbrances

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Architect, engineer and CA certificates

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Unit configuration and carpet areas

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Bank account and 70 percent compliance

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Builder: Shikara Constructions Pvt. Ltd.

Shikara Constructions Pvt. Ltd. has 6 registrations in this build, including Shikara Greens Phase I and Shikara Orchid. Its filings disclose 1 earlier MahaRERA project: 1 of 1 past projects completed on time. Read the full track record. See more projects on the Raigarh district page.

Frequently asked questions

What are my rights if SHIKARA ESTATES PHASE - II is delayed beyond 31 Dec 2028?

Under section 18 of the RERA Act you may stay in the project and claim interest for every month of delay, or exit and claim a full refund with interest. In Maharashtra the rate is SBI's highest MCLR plus 2 percent, currently 10.90% per annum (June 2026). The free delay interest calculator on ReraGenie puts a rupee figure on any delay. Claims are filed as MahaRERA complaints with a Rs 5,000 fee.

How do I verify and contact the developer of SHIKARA ESTATES PHASE - II?

The registered promoter entity is Shikara Constructions Pvt. Ltd., a company as per the filing. Its GSTIN 27AAKCS3917P1ZN can be cross-checked on the MCA and GST portals. Your agreement for sale must name this exact entity, not a group brand name. The promoter's registered address and contact details are on the project's MahaRERA listing (scan the QR code on any advertisement) and in its filed documents, all downloadable free from this page with a login.

Is my payment protected in SHIKARA ESTATES PHASE - II?

Partly, by law. 70 percent of every buyer payment must go into the project's designated bank account, withdrawable only against architect, engineer and CA certificates as construction progresses; since July 2024 MahaRERA requires a three-account structure for collections. Separately, a promoter cannot take more than 10 percent of the price before signing a registered agreement for sale (section 13). Neither rule guarantees completion; they limit how far your money can travel from the project.

Who certifies construction progress at SHIKARA ESTATES PHASE - II?

The professionals named in the filing: Architect: PRATHAMESH KHOT; Engineer: YAGNIK RANK; Chartered Accountant: SUNNY BHAGIA. Their Form 1 (architect), Form 2 (engineer) and Form 3 (chartered accountant) certificates are what unlock the promoter's withdrawals from the 70 percent account, so their names on record are part of the project's accountability chain.

What should I check before booking in SHIKARA ESTATES PHASE - II?

Four things this page cannot decide for you: that the carpet area in your agreement matches the filed carpet area (the model agreement allows only a 3 percent variation, with a refund right below that); that the agreement follows MahaRERA's model clauses with deviations highlighted; the promoter's record on their other projects, not just this one; whether construction progress keeps pace with sales in the coming quarters. The Rs 499 buyer report works through all of them from the filings.

Planning to buy here? The Rs 499 buyer report adds risk flags, the progress-versus-promise read, the document checklist and the exact questions to ask this builder. Get the buyer report · Rs 499
Studying this micro-market? The developer project analysis covers unit configuration, land and FSI, and competition benchmarks for this project. Developer analysis · Rs 2,999 · coming soon